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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: TheStockFairy who wrote (128320)10/9/2001 1:35:41 PM
From: pater tenebrarum  Read Replies (3) of 436258
 
good point. it actually all started with WCOM's take-over of one of the newly built fiberglass networks. they paid $14bn. if i remember correctly - that set off the fiber investment boom.
the telco boom/bust is actually very similar to the railroad boom/busts of the 19th century.
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